ZIP comparison · Detroit-Warren-Dearborn, MI
48203 vs 48217
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP48203Detroit, MI | ZIP48217Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $59,497 | Better: $59,888 |
| 1-year appreciation | -11.8% | Better: +5.3% |
| 5-year CAGR | -2.3% | Better: +4.6% |
| 10-year CAGR | +7.1% | Better: +8.6% |
| Rent & investment | ||
| Monthly rent | $1,125 | — |
| Gross yield | 22.7% | — |
| Cap rate | 13.6% | — |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.1% |
| Typical annual tax | $902 | Better: $636 |
| Demographics | ||
| Population | 20,049 | 6,564 |
| Median household income | $38,404 | Better: $44,447 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 6 | 1 |
| Students enrolled | 1,477 | 294 |